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(NMDC) Nmdc complete technical analysis [charts+indicators] | Buy/Sell Nmdc | (NMDC) share price targets

Complete technical analysis of Nmdc (NMDC) by charts plus indicators, forecast predictions and share price targets for Nmdc (NMDC)

Nmdc trades in NSE in Mining sector.

Showing technical analysis as on 2024-10-23 View latest technical analysis

10 day averaged volume of Nmdc is 11054878

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	218.28	220.00	225.29	217.40	1.465 times
22 Tue Oct 2024	215.41	225.00	226.27	214.10	0.607 times
21 Mon Oct 2024	225.59	231.50	233.80	224.50	0.542 times
18 Fri Oct 2024	231.44	222.65	232.40	219.65	0.945 times
17 Thu Oct 2024	224.02	232.95	232.95	222.04	0.95 times
16 Wed Oct 2024	231.40	232.00	234.06	229.76	0.873 times
15 Tue Oct 2024	232.08	238.00	238.13	231.17	0.654 times
14 Mon Oct 2024	237.05	234.00	239.00	233.84	0.958 times
11 Fri Oct 2024	233.68	226.36	235.54	226.36	1.435 times
10 Thu Oct 2024	226.36	225.50	231.17	225.35	0.843 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 222.4, but if it comes above 222.4, then a intra day buy could be more profitable.
If you take a sell trade below 222.4, then use 222.4 as stoploss and 212.8 as target. However if you take a buy trade in stock , then use 222.4 as stoploss and 230.39 as target.

Share price targets for Nmdc (NMDC)

Target Type	Value
Downside Target	204.90
Downside Target	210.06
Upside Target	219.65
Upside Target	233.80
Upside Target	239.00
Upside Target	241.72
Upside Target	247.20
Upside Target	247.40
Upside Target	249.14
Upside Target	255.40
Upside Target	275.60

Intraday share price targets for Nmdc (NMDC)

Target Type	Value
Downside Intraday Target	210.32
Downside Intraday Target	202.36
Upside Intraday Target	230.02
Upside Intraday Target	241.76
Upside Intraday Target	222.06

Weekly technical analysis of Nmdc (NMDC)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	218.28	231.50	233.80	214.10	0.597 times
18 Fri Oct 2024	231.44	234.00	239.00	219.65	0.516 times
11 Fri Oct 2024	233.68	238.25	241.72	211.00	1.101 times
04 Fri Oct 2024	236.56	243.00	247.40	234.10	0.955 times
27 Fri Sep 2024	235.18	213.19	239.80	212.15	2.043 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Nmdc (NMDC)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Wed Oct 2024	218.28	244.75	247.40	211.00	0.78 times
30 Mon Sep 2024	244.91	221.00	247.20	204.90	1.437 times
30 Fri Aug 2024	222.66	242.70	249.14	210.06	0.827 times
31 Wed Jul 2024	241.61	245.00	255.40	220.88	0.98 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Nmdc (NMDC)

Price action analysis of Nmdc ( (NMDC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nmdc ( (NMDC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Nmdc ( (NMDC) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Nmdc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Nmdc in short term and the sell signal is strong.

Nmdc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Nmdc in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Nmdc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 227.71 and Nmdc (NMDC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Nmdc (NMDC) stock. Volume based technical analysis of Nmdc (NMDC) stock is negative.

Nmdc Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.